Rule Amendment Proposal No. 25
This notice of a recommendation concerning the Electricity Governance Rules 2003 (“Rules”), Rule Amendment Proposal No. 25, is issued by the Electricity Commission (“Commission”), established under the Electricity Act 1992 (“Act”), pursuant to section 172E (2) (c) of that Act.
Section 172E (2) (c) provides that, no later than 10 working days after making a recommendation concerning the Rules to the Minister of Energy, the Commission must publicise the recommendation and the assessment completed under section 172F of the Act.
Recommendation
The Commission made a recommendation to amend the definition of “availability cost” in Part A of the Rules,
in reliance on section 172F (3), on 26 May 2005.
Section 172F (3) provides that the Commission is not required to comply with section 172F (1) (which relates
to carrying out an assessment) if it is satisfied that the effect of the recommendation is minor and will not adversely affect the interests of any person in a substantial way.
In reliance on section 172F (3), no such assessment has been carried out under section 172F (1) of the Act.
Recommended Amendment to the Rules
The recommended amendment to the definition of “availability cost” in the Rules is to correct a drafting error that results in the double charging of the reserve costs arising from dispensations.
A copy of the Commission’s recommendation is available, at no cost, on the Commission’s web site:
http://www.electricitycommission.govt.nz/rulesandregs/recommend
Dated at Wellington this 26th day of May 2005.
For and on behalf of the Electricity Commission:
ROY HEMMINGWAY, Chair.